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Impact Capital Managers Announces Election of Five New Board Members

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The five new board members represent ICM’s growing network of best-in-class private capital funds investing for superior returns & meaningful impact

NEW YORK, Aug. 6, 2024 /PRNewswire/ — Impact Capital Managers (ICM) announced today the election of five distinguished impact investing leaders to its 501(c)6 Board of Directors. The five incoming directors were voted on by ICM’s 120+ members at the association’s annual member meeting in Washington, DC, earlier this spring. The new slate of board members succeeds five of ICM’s original founding directors, who concluded their term limits in accordance with the organization’s by-laws.

The newly elected board members are:

Jacob Haar, Managing Partner at Community Investment Management (CIM)
Maya Chorengel, Co-Managing Partner, TPG’s The Rise Funds
Nathan Taft, Chief Investment Officer at Jonathan Rose Companies
Peter Davidson, CEO & Founder at Aligned Climate Capital
Radhika Shroff, Managing Director for Nuveen’s Private Equity Impact Investing team

The five new board members will fill seats previously held by Karl Khoury, Co-Founder & Partner at Arborview Capital; Monika Mantilla, Co-Founder & CEO at Altura Capital; Mark Grovic, Co-Founder and General Partner at New Markets Venture Partners; Matt Greenfield, Managing Partner at Rethink Education; and Stephen DeBerry, Founder and Managing Partner at Bronze Venture Fund.

“Today marks a significant milestone for Impact Capital Managers. We are profoundly grateful to the board directors who are stepping away after five years of dedicated and skilled service and who laid the groundwork for ICM’s long-term success. We look forward to continuing to work with them as valued members,” said Marieke Spence, Executive Director of ICM. “In turn, we are excited to welcome a new generation of Board leaders, marking the first major board transition since ICM’s founding in 2019. This new cohort reflects our growing global reach and diversity of private capital impact strategies, including the first debt investor and real estate investor on our board. ICM continues to accelerate its policy and advocacy work on behalf of members and the field – and as such, we are gratified that the policy expertise of our outgoing Directors is also shared by several new board members.”

“ICM is and will continue to be an organization founded by and driven by the leading private market impact investors. Witnessing our network grow from 25 founding members to its current size is a testament to the expanding influence and depth of the impact investing ecosystem. We welcome the expertise of this new group of board members, and I am confident that the new directors will drive ICM to even greater heights,” said Hope Mago, Chair of the Board of Directors of Impact Capital Managers, Inc. and Partner at HCAP Partners.

“I am honored to join ICM as a new board member at this pivotal moment. ICM is an invaluable network, offering a crucial platform for collaboration and knowledge sharing among impact investors. The organization, specifically its robust membership network, is exceptionally well-positioned to champion the voice of impact investors in important sectors, including public policy and impact measurement and management.” said Radhika Shroff, incoming Impact Capital Managers Board Director and Managing Director for Nuveen’s Private Equity Impact Investing team.

The board transition took place during ICM’s July board meeting, marking the beginning of a new chapter for the organization. The ICM Inc. Board of Directors supports the overall mission of the network and plays a crucial role in setting the association’s strategic agenda. It also works closely with the affiliated but independent 501(c)3 organization, the ICM Institute. Please visit this page to learn more about the board.

About Impact Capital Managers: Impact Capital Managers is a network of private capital fund managers investing for superior financial returns and meaningful impact, with a mission to accelerate the performance of its members and to scale the private capital impact investing market with integrity and authenticity. Membership is by invitation only. Today, the network includes 120+ funds collectively representing more than $50 billion in impact-focused capital. ICM is a 501(c)6 organization with an affiliated 501(c)3, the ICM Institute. For more information, visit impactcapitalmanagers.com.

Press Contact: Garrett Jaso, Senior Manager, Communications and Policy, gjaso@impactcapitalmanagers.com.

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SOURCE Impact Capital Managers

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Students to Develop Urban Mobility Solutions Using AI

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In Otis’ Made to Move Communities™ global competition, students will apply Artificial Intelligence to enable more inclusive and sustainable mobility solutions.A student team from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School is representing Hong Kong in this competition

HONG KONG, Nov. 13, 2024 /PRNewswire/ — Artificial Intelligence is revolutionizing the speed, accuracy and scale at which complex challenges are addressed. Over the next several months, more than 250 students from dozens of schools representing more than 15 countries and territories around the world will participate in the Made to Move Communities challenge to propose innovative ways AI can improve urban mobility. They’ll be guided by volunteer mentors from Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company.

“We believe that the next generation of innovation will use AI to make moving in and around cities easier and more efficient for all,” said Randi Tanguay, Otis Senior Vice President & Chief Communications Officer. “Today’s students are growing up as AI technology matures. They are actively engaged and quickly developing the skills to effectively use and apply it. With their innate curiosity and imagination, combined with the guidance of expert Otis volunteer mentors, I can’t wait to see the solutions these students come up with.”

Why AI

According to the World Bank, more than 56% of the world population currently lives in cities, and that number is expected to grow to nearly 70% by 2050. The current pace of rapid urbanization and global population growth has the potential to strain urban infrastructure, resulting in increased congestion, pollution, and inadequate public transit. These challenges can be even more acute in underserved neighborhoods and for people with special needs.

“AI is already reshaping transportation. It’s enabling self-driving cars, optimizing traffic flows, and even helping drones deliver packages and medicines to those in need,” said Ezhil Nanjappan, Otis Senior Vice President and Chief Technology Officer. “As we stand on the brink of the AI revolution, I’m excited to bring this transformational technology to the Made to Move Communities program – to brainstorm solutions to the mobility issues of today and tomorrow, while inspiring young minds and helping to close the STEM skills gap.”

For the first time – a global winner

Since 2020, Otis’ annual Made to Move Communities global student competition has engaged over 750 students and hundreds of Otis colleagues with the goal of addressing urban mobility challenges while sparking a lifelong interest in STEM. Participating schools have received nearly $1 million (USD) in grants from Otis to further STEM learning and programs in their schools.

Until now, students used to compete regionally, with a winning team selected in each of the four Otis regions. This year, for the first time, the four regional winning teams will compete in a final round to determine a global team champion. Student teams will need to share how their solutions to local challenges can be scaled globally, and the global team champion will receive an additional grant for their school.

Seven students from the Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School will take part. This is the second time the school will represent Hong Kong. “We are pleased to once again have the opportunity to represent Hong Kong in the competition. This platform allows our students to harness the power of Artificial Intelligence to tackle real-world urban mobility challenges. We are eager to see how their innovative ideas will transform into practical solutions and showcase their talents on a global stage.” Said by Ms. Jacqui KOO, Acting Deputy Principal cum Director of International Division, Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School.

Watch this video to learn more about Made to Move Communities and this year’s challenge: https://youtu.be/c1FwYeGhLp4

Visit otis.com/mtmc to learn more and follow Otis for updates from participating student teams.

About Otis

Otis gives people freedom to connect and thrive in a taller, faster, smarter world. The global leader in the manufacture, installation and servicing of elevators and escalators, we move 2.3 billion people a day and maintain approximately 2.3 million customer units worldwide – the industry’s largest Service portfolio. You’ll find us in the world’s most iconic structures, as well as residential and commercial buildings, transportation hubs and everywhere people are on the move. Headquartered in Connecticut, USA, Otis is 71,000 people strong, including 42,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram and Facebook @OtisElevatorCo.

Media Enquiries: 

Michelle Mak
michelle.mak@otis.com  
852-9865 5331

 

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SOURCE Otis Elevator Company (H.K.) Limited

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New order for Alfa Laval to unlock potential of biofuels in aviation

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LUND, Sweden, Nov. 13, 2024 /PRNewswire/ — Driving the global energy transition towards biofuels, Alfa Laval has secured two contracts worth 350 million SEK to supply cutting-edge HVO pre-treatment technology to Europe’s largest biofuel facility. The facility, a joint venture between Cepsa Bioenergia San Roque S.L. (CSBR), and Bio-Oils Energy, part of the Apical Group, will produce 500,000 tonnes of sustainable aviation fuel (SAF) and renewable diesel annually, addressing the growing demand for cleaner, renewable energy sources.

Biofuels are crucial in the decarbonization of our societies, providing a low-carbon solution for existing technologies. In the transportation sector, they play a significant role in the shift towards net-zero emissions. However, the current demand for biofuels far exceeds the available supply, highlighting the need for increased production and innovation to meet this growing need.

“The biggest challenge in the biofuel industry is to triple the capacity by 2030. The volume increase is essential, and we are excited for Alfa Laval to play an important role in this transition,” says Sammy Hulpiau, President, Food & Water Division. “The trust placed in us by CBSR ensures that Alfa Laval significantly contributes to the necessary increase of biofuels in aviation, and the transformation of the entire industry.”

Alfa Laval’s Food & Water Division will supply two different pre-treatment units to CBSR’s 1.2-billion-euro project. The construction of the plant is an important step on the journey towards decarbonizing the global transportation sector and will double CBSR’s total renewable fuels production capacity to one million tonnes a year. The plant is designed to emit 75 percent less CO2 than a traditional biofuel plant.

The facility, planned to be up and running during 2026, is currently under construction in Huelva, Spain.

Did you know… that road travel, flights, and shipping account for nearly a quarter of the world’s greenhouse gas emissions? Biofuels offer a promising solution to keeping transportation efficient while reducing emissions.

CONTACTS
Johan Lundin
Head of Investor Relations, Alfa Laval
Mobile: +46 730 46 30 90
johan.lundin@alfalaval.com

Anna Droben
Head of External Communications, Alfa Laval
Mobile: +46 730899621
anna.droben@alfalaval.com

This is Alfa Laval   

The ability to make the most of what we have is more important than ever. Together with our customers, we’re innovating the industries that society depends on and creating lasting positive impact. Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. We’re set on helping billions of people to get the energy, food, and clean water they need.  And, at the same time, we’re decarbonizing the marine fleet that’s the backbone of global trade.

We pioneer technologies and solutions that  free our customers to unlock the true potential of resources. As our customers’ businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we’re pioneering positive impact.

Alfa Laval was founded 140 years ago, has customers in some 100 countries, employs more than 22,000 people, and annual sales were SEK 63.6 billion (5.5 BEUR) in 2023. The company is listed on Nasdaq Stockholm. 

www.alfalaval.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/alfa-laval/r/new-order-for-alfa-laval-to-unlock-potential-of-biofuels-in-aviation,c4065660

The following files are available for download:

https://mb.cision.com/Public/905/4065660/ac1f7576cdec81f2.pdf

New order for Alfa Laval to unlock potential of biofuels in aviation Alfa Laval press release 20241113

https://news.cision.com/alfa-laval/i/alfa-laval-biofuel-order-cepsa-2024-airplane-fuel,c3351404

Alfa Laval Biofuel order Cepsa 2024 Airplane fuel

 

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SOURCE Alfa Laval

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Teleperformance named among top 15 Best Companies to Work For™ in Europe

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BRISTOL, England, Nov. 13, 2024 /PRNewswire/ — Fortune and Great Place To Work® have ranked global business services leader Teleperformance (TP) among the top 100 Best Companies to Work For™ in Europe for the second consecutive year, ranking 12th among multinational companies. TP is the only company in the customer experience management industry to rank within the top 25 Best Companies to Work For™ in Europe.

In particular, TP’s operations in thee United Kingdom have been named to the list, which recognises the best companies to work for in Europe on an annual basis.

Companies on the 100 Best Companies to Work For™ list dramatically outperform the typical workplace in Europe by creating consistently great work experiences, according to Great Place to Work®. Earning a spot on the list is an indicator of high levels of trust across the organisation, with more employees from companies on the list reporting a consistently positive experience at work.

“Our people are at the heart of everything we do at TP,” said Alan Winters, TP Chief People Officer. “With a large diverse workforce, we hire and train for emotional intelligence and help employees grow to their full potential by sharing, listening and innovating – and a common thread through all of this is trust. We are encouraged and humbled by this feedback from our people across Europe who rated us so highly as a great employer. As the global leader in our industry, our goal is to continually be a great place to work in Europe and everywhere we operate.”

TP’s ranking on the Fortune 100 Best Companies to Work For™ in Europe 2024 list is based on an analysis of confidential survey responses from TP employees across Europe compared to confidential employee survey responses from employees in the region. TP employees overwhelmingly reported being treated fairly, regardless of their social and socio-economic status, gender, race or sexual orientation, and that TP provided a safe place to work.

Earlier this year TP received Great Place to Work® certifications in 69 countries, including 26 countries in Europe. Today, 97% of TP employees work in a Great Place to Work®-certified location1.

Great Place to Work® is the global authority on workplace culture and employee experience. Its annual certification program is based on a rigorous methodology and independent employee feedback. 

Visit the group at www.teleperformance.com.

Logo – https://mma.prnewswire.com/media/2555852/Teleperformance_Logo.jpg

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